DUBLIN, Ireland, March 15, 2013 /PRNewswire/ --

Research and Markets has announced the addition of the "The Global Set-Top Box Market" report to their offering.

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Despite Challenges, Global STB Shipments Continue to Grow

Demand for digital set-top box products is rising, particularly in Asia, Latin America, and a number of countries in Europe. Mike Paxton, Senior Analyst at MRG explains

"The expansion of pay-TV services in developing markets, along with the ongoing shift from standard-definition products to high-definition products in developed markets, is fueling market demand."

Key findings from this study included:

- MRG projects that the annual growth rate for unit shipments of digital set-top boxes in 2012 will exceed 15%.

- Total worldwide unit shipments will end the year at 250 million, a new record high.

- Significant challenges to the set-top box market exist. Foremost among these is the potential virtualization of the set-top box. Virtualization could shift the functionality of the set-top box into a software platform or even the Internet cloud.

However, MRG believes these challenges will not have a material impact on the market for another three to five years.

This report forecasts worldwide unit shipments and revenues through 2016. It discusses and analyzes demand drivers and product development trends in all four digital set-top box market segments: cable, satellite, IPTV, and terrestrial. It also identifies leading set-top box vendors and details near-term market trends that are currently shaping the set-top box market.

The deliverable is comprised of an excel pivot table that is segmented by region, device type, technology and device sub-type for global units and revenues and an accompanying Powerpoint presentation.

Companies mentioned in the report include:

- AirTies
- Bell Canada
- Bharti Airtel
- Bouygues Telecom
- Cisco
- DIRECTV
- DISH Network
- EchoStar
- Get
- Humax
- Kaonmedia
- Motorola
- Nova
- Orange
- Quantenna
- Rostelecom
- RTE
- Samsung
- Technicolor
- TNTSat
- Waoo
- Yes

For more information visit http://www.researchandmarkets.com/research/53g9zs/the_global

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